10.00 points Tony's favorite memories of his childhood were the times he spent with his dad at camp. Tony was daydreaming of those days a bit as he and Suzie jogged along a nature trail and cane across a wonderful piece of property for sale. He tumed to Suzie and said, "T've always wanted to start a camp where families could get away and spend some quality time together. If we just had the money, I know this would be the perfect place. They called se eral banks and on January 1 2020 Great Adventures obtained a $400,000 6'%, 8 year nstallment oan from Summit Bank. Payments of S5.257 are roured at the end of a month over he life of the 8-year loan. Each monthly payment of $5,257 includes both interest expense and principal payments (i.e., reduction of the loan amount Late that night Tony exclaimed, "$400,000 for our new carmp, this has to be the best news ever." Suzie snuggled close and said, "There's something else I need to tell you, Tony, I'm expecting! They decided right then, if it was a boy, they would name him Venture. Required: 1. Complete the first three rows of an amortization table Interest Decrease in Date 01001/2020 01/31/2020 0228/2020 Cash Paid Expense Carrying Value Carrying Value 2. Record the note payable on January 1, 2020, and the first two payments on January 31, 2020, and February 28, 2020. (If no entry is required for a particular transaction, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the issuance of note payable Note: Enter debits before credits. Debit Credit Date General Journal January 01, 2020 Record entry Clear entry View general journal 10.00 points Tony's favorite memories of his childhood were the times he spent with his dad at camp. Tony was daydreaming of those days a bit as he and Suzie jogged along a nature trail and cane across a wonderful piece of property for sale. He tumed to Suzie and said, "T've always wanted to start a camp where families could get away and spend some quality time together. If we just had the money, I know this would be the perfect place. They called se eral banks and on January 1 2020 Great Adventures obtained a $400,000 6'%, 8 year nstallment oan from Summit Bank. Payments of S5.257 are roured at the end of a month over he life of the 8-year loan. Each monthly payment of $5,257 includes both interest expense and principal payments (i.e., reduction of the loan amount Late that night Tony exclaimed, "$400,000 for our new carmp, this has to be the best news ever." Suzie snuggled close and said, "There's something else I need to tell you, Tony, I'm expecting! They decided right then, if it was a boy, they would name him Venture. Required: 1. Complete the first three rows of an amortization table Interest Decrease in Date 01001/2020 01/31/2020 0228/2020 Cash Paid Expense Carrying Value Carrying Value 2. Record the note payable on January 1, 2020, and the first two payments on January 31, 2020, and February 28, 2020. (If no entry is required for a particular transaction, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the issuance of note payable Note: Enter debits before credits. Debit Credit Date General Journal January 01, 2020 Record entry Clear entry View general journal